| margin |
Rate expressed as a percentage that a lender adds to the index on an adjustable rate loan to establish the adjusted interest rate. Market Value The highest price that a buyer would pay and the lowest price a seller would accept on a property. Market value may be different from the price a property could actually be sold for at a given time.
Ãâó: www.kcallied.com/glossary.htm
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| margin |
The amount a lender adds to the quoted index rate for an adjustable rate loan to determine the new interest rate.
Ãâó: www.hypo.org/Content/Default.asp
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| margin |
An amount, usually a percentage, which is added to the index to determine the interest rate for adjustable rate mortgages.
Ãâó: www.classicmortgageco.com/financialglossary.html
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